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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

American Axle & Mfg Holdings (
AXL) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.2%. By the end of trading, American Axle & Mfg Holdings fell $0.54 (-2.7%) to $19.46 on average volume. Throughout the day, 2,086,499 shares of American Axle & Mfg Holdings exchanged hands as compared to its average daily volume of 1,526,500 shares. The stock ranged in price between $19.45-$20.26 after having opened the day at $20.04 as compared to the previous trading day's close of $20.00. Other companies within the Automotive industry that declined today were:
China Automotive Systems (
CAAS), down 5.8%,
Westport Innovations (
WPRT), down 4.7%,
Federal-Mogul (
FDML), down 1.8% and
Patrick Industries (
PATK), down 1.6%.

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the design, engineering, validation, and manufacture of driveline and drivetrain systems, and related components and chassis modules for automotive industry worldwide. American Axle & Mfg Holdings has a market cap of $1.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 3.9, below the S&P 500 P/E ratio of 17.7. Shares are up 78.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate American Axle & Mfg Holdings a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates
American Axle & Mfg Holdings as a
hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.